Tariff Inflation to Limit Support for Economy, Macklem Says
Bank of Canada Governor Tiff Macklem said the risk of higher inflation from a trade war limits the central bank’s ability to ...
Tariffs to delay inflation progress, too soon to gauge impact, Fed's Powell says
U.S. Federal Reserve Chair Jerome Powell said on Wednesday that President Donald Trump's tariff increases would delay ...
Amid a grimmer outlook from the Fed, there’s a lone, mysterious holdout predicting stronger economic growth
The Fed’s consensus for GDP growth dropped from 2.1% to 1.7% after its latest round of economic forecasts published Wednesday ...
Trump’s tariffs are inflicting serious economic damage and reigniting inflation, OECD says
President Donald Trump’s tariff policies are slowing economic growth in the United States and around the world while sending prices higher again, creating a toxic stew for the global economy that ...
China's restaurants race to the bottom in deflation-hit economy
In a dilapidated warehouse on the outskirts of the Chinese capital, businessman An Dawei inspected rows of giant fridges, ...
Grocery price inflation levels off, but the cost of these items continue to rise
While the cost of eggs and some other items continue to rise, grocery price inflation overall seems to be leveling out.
Stocks waver as investors ponder what to make of rising economic uncertainty
Where does that leave investors? Scratching their heads, judging by today's trading. Stocks wobbled early, rebounded and then lost momentum in the afternoon. The S&P 500 fell 12 points, or 0.2%, to ...
Global Central Banks Wrestle With Slowing Growth, Stubborn Inflation
The Bank of England kept interest rates steady, as major economies confront a nasty mix of faltering economic growth, rising ...
Economic uncertainty present amid likelihood of more tariffs: local economist reacts
Before this announcement, numbers put out by the Organisation for Economic Co-operation and Development on Monday provided a dim outlook for the economy. They predict economic growth will slow this ...